Examlex
In the Consensus Model for APRN Regulation, the LACE model addresses:
Rail Transportation
The conveyance of passengers and goods by way of wheeled vehicles running on rail tracks, distinguished from other means of transport such as by automobile, bus, or airplane.
Water Transportation
The movement of people or goods via rivers, lakes, seas, and oceans, utilizing different types of vessels for commerce, recreation, or military purposes.
Very High Capacity
Describes systems, facilities, or processes that can handle a significantly large volume of transactions, data, or throughput.
Low Cost
Referring to a strategy or product characterized by offering lower prices compared to competitors, usually by reducing costs in production, materials, or operations.
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